Savers Value Village (NYSE:SVV) General Counsel Sells $15,588.00 in Stock

Key Points

• General Counsel Richard Medway of Savers Value Village sold 1,200 shares of the company's stock for a total of $15,588 on September 18th at an average price of $12.99.
• The stock price of Savers Value Village decreased by 1.8%, closing at $12.67, with significant trading volume of over 5 million shares.
• In its last earnings report, Savers Value Village beat analysts' expectations with $0.14 earnings per share and a revenue increase of 7.9% year over year.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard A. Medway sold 1,200 shares of the company's stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $12.99, for a total value of $15,588.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Richard A. Medway also recently made the following trade(s):

• On Monday, August 4th, Richard A. Medway sold 15,000 shares of Savers Value Village stock. The shares were sold at an average price of $11.48, for a total value of $172,200.00.
• On Thursday, July 31st, Richard A. Medway sold 2,637 shares of Savers Value Village stock. The stock was sold at an average price of $10.48, for a total value of $27,635.76.
• On Wednesday, July 23rd, Richard A. Medway sold 4,228 shares of Savers Value Village stock. The stock was sold at an average price of $10.51, for a total value of $44,436.28.
• On Tuesday, July 22nd, Richard A. Medway sold 600 shares of Savers Value Village stock. The shares were sold at an average price of $10.51, for a total value of $6,306.00.
• On Friday, July 18th, Richard A. Medway sold 1,800 shares of Savers Value Village stock. The shares were sold at an average price of $10.53, for a total transaction of $18,954.00.
• On Thursday, July 3rd, Richard A. Medway sold 17,619 shares of Savers Value Village stock. The stock was sold at an average price of $10.65, for a total value of $187,642.35.

Savers Value Village Price Performance

NYSE:SVV traded up $0.08 during trading hours on Monday, reaching $12.73. The stock had a trading volume of 2,243,571 shares, compared to its average volume of 1,522,710. The company has a 50 day moving average price of $11.48 and a two-hundred day moving average price of $10.09. Savers Value Village, Inc. has a 52 week low of $6.48 and a 52 week high of $13.11. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.69. The stock has a market capitalization of $1.98 billion, a PE ratio of 60.64 and a beta of 1.02.

Savers Value Village (NYSE:SVV - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. Savers Value Village had a return on equity of 8.85% and a net margin of 2.14%.The business had revenue of $417.21 million during the quarter, compared to analyst estimates of $405.75 million. During the same quarter in the previous year, the business earned $0.14 earnings per share. The company's revenue for the quarter was up 7.9% compared to the same quarter last year. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. As a group, sell-side analysts anticipate that Savers Value Village, Inc. will post 0.28 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Savers Value Village

A number of large investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets purchased a new stake in shares of Savers Value Village in the fourth quarter valued at about $36,000. GAMMA Investing LLC increased its position in shares of Savers Value Village by 386.7% in the first quarter. GAMMA Investing LLC now owns 5,879 shares of the company's stock worth $41,000 after acquiring an additional 4,671 shares in the last quarter. Versant Capital Management Inc acquired a new position in Savers Value Village during the 1st quarter worth approximately $51,000. Sandia Investment Management LP acquired a new position in shares of Savers Value Village during the second quarter worth $51,000. Finally, Lazard Asset Management LLC purchased a new stake in shares of Savers Value Village during the second quarter worth about $57,000. Hedge funds and other institutional investors own 98.78% of the company's stock.

Analysts Set New Price Targets

SVV has been the subject of several research reports. Piper Sandler lifted their price objective on shares of Savers Value Village from $11.00 to $12.00 and gave the company a "neutral" rating in a research note on Friday, August 1st. Northland Capmk raised shares of Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. JPMorgan Chase & Co. lifted their price target on Savers Value Village from $9.00 to $11.00 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Wall Street Zen raised shares of Savers Value Village from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Finally, Northland Securities started coverage on shares of Savers Value Village in a report on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Savers Value Village has an average rating of "Moderate Buy" and a consensus price target of $12.20.

About Savers Value Village

Savers Value Village, Inc sells second-hand merchandise in retail stores in the United States, Canada, and Australia. It operates stores under the Savers, Value Village, Value Village Boutique, Village des Valeurs, Unique, and 2nd Avenue brands. The company purchases secondhand textiles, including clothing, bedding, and bath items; shoes; accessories; housewares; books; and other goods from non-profit partners and then processes, selects, prices, merchandises, and sells them in its stores.